Finally, Dangote Speaks on Petrol Pricing From Refinery After Oil Marketers Claims [Video]

• Dangote Refinery has reacted to claims that it is selling petrol at above N1,000 per litre to marketers
• The oil company labels the prices promoted by oil marketers’ allegations as fake news and not correct
• Oil marketers argue that the refinery’s alleged prices are above the current landing cost of imported petrol

Dave Ibemere, a journalist at Legit.ng, has been reporting on business for over ten years. He has deep knowledge of the Nigerian economy, stock market, and general market trends.

The Dangote Refinery has dismissed as “fake news” allegations that it is selling Premium Motor Spirit (PMS), commonly known as petrol, at a rate between N1,015 and N1,028 per litre to marketers.

Oil marketers also claimed that the Dangote refinery’s petrol prices are higher than the landing costs of imported petrol.

An anonymous major marketer who was quoted in various reports claimed that the refinery currently …